How Does Tax Work on Foreign Shares in Australia | Explaining Foreign Investments & Tax

Описание: In today’s video I answer the question, how does tax work on foreign shares in Australia. I explain what a foreign investment is and how the tax works on foreign investments here in Australia. I talk about Foreign Share Dividends as well as Capital Gains on International Shares. It is important that if you are investing in foreign investments, you understand how you will pay tax on them.
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📖 Chapters
0:00 Intro
0:35 What are Foreign Shares & Why Invest in Foreign Shares
2:07 The Basics of Tax on Foreign Shares
2:32 Dividend or Distribution Income
4:14 Capital Gains Income
6:09 How to Include in Tax Return
6:54 Summary
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his mid 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling as well as watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even some social media marketing content.
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Disclaimer
The information in this video and on this YouTube channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks Pty Ltd or any other related party may receive a commission through these.
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#foreignincometaxaustralia #foreigntax #internationalsharesaustralia